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Bank of Japan stuns markets with only tiny change to policy After all the hype and expectation around adoption of “helicopter” money the Bank of Japan has delivered just a slight tweak to Japanese monetary policy by voting to increase the amount of exchange traded funds it buys to 6 trillion yen from the previous level of 3.3 trillion Yen. It has left the amount of Japanese government bonds static at an annual rate of 80 trillion Yen and left rates unchanged at -0.1%. The BoJ said that the inflation outlook is roughly unchanged for the year ahead and...
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